BISV08

'No sacred cows' as pipeline company TC Energy prepares for C$5 billion asset sale

‘No sacred cows’ as pipeline company TC Energy prepares for C$5 billion asset sale

WINNIPEG, Manitoba, Dec 2 (Reuters) – As TC Energy Corp (TRP.TO) prepares to offload C$5 billion ($3.7 billion) in assets next year, investors and analysts say the North American pipeline operator has many options without touching its core gas business. Chief executive Francois Poirier cleared up any ambiguity this week when asked how much of …

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Black Friday muted for US retail stocks as holiday shopping begins

Black Friday muted for US retail stocks as holiday shopping begins

NEW YORK, Nov 25 (Reuters) – U.S. retail stocks held steady on Friday as investors watched holiday spending to gauge consumer confidence at a time of rising inflation and interest rates weigh heavily on Main Street. Consumer discretionary stocks, as measured by the S&P 500 consumer discretionary sector, which benefits from retail, restaurant and vacation …

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